Strong Tenant Demand Sees Average UK Monthly Rent Hit £987

The latest figures released by Homelet have revealed that, for landlords at least, rents are beginning to move in the right direction with the third successive monthly rise. According to the data, the average rent in the UK now stands at £987, up by 0.2% on last month and up 4% from June where it stood at £951. When London is excluded, the average rent in the UK is now £828 - up by 3.9% on last year. Ten of the twelve regions monitored by HomeLet showed an increase in rental values between September 2019 and September 2020, with the South West seeing an increase of 6.6%. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/landlords/strong-tenants-demand-sees-average-uk-monthly-rent-hit-987.html